IDOM revises 2026 profit forecasts downward amid auto auction market challenges

IDOM Inc. has revised its consolidated financial forecasts for the first half and full fiscal year ending February 28, 2026. For the first half, revised forecasts project net sales of 273,100 million yen (up 5.0%), but operating profit of 8,500 million yen (down 28.6%) and profit attributable to owners of parent of 5,200 million yen (down 30.7%). Full-year consolidated forecasts show net sales of 546,800 million yen (up 7.4%), but a decrease in operating profit to 20,100 million yen (down 9.0%) and profit attributable to owners of parent to 12,500 million yen (down 8.1%).

The company attributed the first-half profit decline to insufficient response to auto auction market price fluctuations, resulting in a decrease in gross profit per retail unit. For the second half, IDOM anticipates an increase in retail units sold, particularly at larger stores, and a recovery in gross profit per retail unit to initially assumed levels. However, selling, general, and administrative expenses are expected to rise due to increased sales from consolidated subsidiaries.

IDOM's dividend policy is performance-based, tied to consolidated results. The second-quarter dividend and year-end dividend forecast will be determined and released with the second-quarter financial results on October 14, 2025.